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Smart Business Start-ups by Infinite Ideas

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20. Whose baby is this?

Becoming a limited company or a PLC does mean giving up some of the overall control of the business, but it gives you more people who you can call on for advice.

Don’t feel that you must have a long mahogany table and chairs with tall backs to run a company, but if you have them and there’s a white Persian cat on your lap, people will listen…

The chairperson is there to chair official meetings and to be, on occasion, the mouthpiece of the business. More often than not one of the directors acts as chair for the purpose of the board meeting; in some, mainly larger, organizations, there is a permanent chair. The chairperson controls who speaks and for how long they speak in official meetings and, if there is a hung vote, ...

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